ITT Inc reports results for the quarter ended in September - Earnings Summary

ITT

03/11/2022 17:34

* ITT Inc  ITT.N  reported quarterly adjusted earnings of
$1.20​​
per share for the quarter ended in September. The mean
expectation of twelve analysts for the quarter was for earnings
of $1.17 per share.
    * Revenue rose 9.3% to $753.60 million from a year ago;
analysts
expected $750.32 million. 
    * ITT Inc's reported EPS for the quarter was $1.23​.
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days five analysts negatively revised
earnings
estimates 
    * ITT Inc shares had risen by 14.0% this quarter and
lost 27.1% so
far this year.
    * The company reported quarterly net income of $102.5
million.
    * Wall Street's median 12-month price target for ITT Inc is
$88.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
3 at 05:34 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      1.17           1.20           Beat
 Jun. 30 2022      0.96           0.98           Beat
 Mar. 31 2022      0.97           0.97           Met
 Dec. 31 2021      1.05           1.06           Beat